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                                                                    EXHIBIT 99.1



For Immediate Release                                       Contact: Lorri Palko
                                                                  (404) 815-6717


                     DORSEY TRAILERS ENTERS INTO AGREEMENTS
                                 TO SELL ASSETS


ATLANTA, GEORGIA, March 28, 2001 - As previously announced, On December 4, 2000,
Dorsey Trailers, Inc. (the "Company") filed a voluntary petition for Relief
under the provisions of Chapter 11 of the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court for the Middle District of Alabama, Montgomery, Alabama
(Bankruptcy Case No. 00-6792-WRS). On March 22, 2001, the Company filed motions
with the Bankruptcy Court whereby certain assets of the Company will be
purchased for $4 million, subject to certain adjustments at closing, by the
Dorsey Acquisition Group LLC, a Delaware limited liability company. Dorsey
Acquisition Group LLC does not include any current or former officers, directors
or insiders of the Company. The Asset Purchase Agreement entered into by the
Company provides for the sale of real property at the Company's Elba, Alabama
facility, machinery and equipment, and the Company's Elba, Alabama and
Cartersville, Georgia locations and raw material and work-in-process inventory
at the Elba, Alabama and Cartersville, Georgia locations and the Company's
intellectual property including its tradename. The Asset Purchase Agreement does
not provide for the sale of the Company's real property at its Cartersville,
Georgia location nor the Company's assets at its Dillon, South Carolina
location. The sale will not be finalized until the Bankruptcy Court has approved
the Asset Purchase Agreement, bid procedures, and the final sales order.

The Company has previously filed a motion with the Bankruptcy Court for the sale
of the personal property and inventory at its Dillon, South Carolina location to
private investors for approximately $250,000 subject to certain adjustments at
closing and continuing royalty payments. The Bankruptcy Court has not yet
approved that transaction.

The Company has been unsuccessful in developing a workable restructuring plan
under Chapter 11. Thus management has determined that the best alternative for
the Company is to sell the assets of the Company in order to maximize the
benefit to the creditors and for the possibility of manufacturing operations
resuming. As previously stated, the proceeds from the sale of the Company's
assets after payment of secured creditors and administrative claims will not be
sufficient to fully satisfy the claims of the Company's unsecured creditors nor
will there be anything to distribute to the Company's shareholders.



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The Company also announces today that Marilyn R. Marks, Chairman of the Board of
Directors of the Company has resigned her position with the Company effective
March 18, 2001.

Dorsey Trailers, Inc. was in the business of designing, manufacturing, and
marketing one of the broadest lines of high quality, customized truck trailers
through three plants located in Alabama, Georgia, and South Carolina.

Certain statements in this press release and statements by the Company in
reports to its stockholders and public filings, as well as, oral public
statements by Company representatives may be deemed to be forward-looking
statements, as defined by the Private Securities Litigation Reform Act of 1995.
Any forward-looking statements included herein have been included based upon
facts available to management as of the date of the statement. Any
forward-looking statement is, however, inherently subject to the uncertainty of
future events, whether economic, competitive or otherwise many of which are
beyond the control of the Company, or which may involve determinations, which
may be made by management in the future. There can, therefore be no assurances
that the events or results described in such forward-looking statements will
occur and actual events or results may vary materially from those included
herein.

Without limitation, the following are some of the factors which may affect
whether the events or results described in such forward-looking statements will
occur: whether there is an approved plan of reorganization in which the Company
continues as an ongoing operation, continued availability of credit from
vendors, and continued use of cash collateral by lender. Readers should review
and consider the various disclosures made by the Company in this press release
and it reports to stockholders and reports filed with the Securities and
Exchange Commission.



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